Review Samsung Austin Semiconductor offer
Engineer-II Base: 105k Relocation: 22k (Midwest to Texas) Bonus: 12% Target Also, please help me understand 12% target bonus, does it mean it is variable pay based on performance? Can I negotiate for more? or Is it fair offer? Current TC: 78k YOE: 3 (Electronics Assembly) #SAS #sas #samsungelectronics #Samsungaustinsemiconductor #semiconductor #sas
What’s your current living expenses such as mortgage cost and property tax %. That’s gonna be potentially your biggest change here as home prices start at 500k (2000$)/month then prop taxes around 2-3% which lands you between 500-900$ a month depending on home value. That diff might be 5K diff or 20k diff making the opportunity a win or bust. General cost of living is up here. F’in kids meals 8$ anywhere you go. It’s not bay prices by any means but your income needs to reflect the lifestyle you want here. Trust me, I live in Huto 10 mins west of Taylor.
I currently rent an apartment and my current cost of living is very low as my work location is almost country side. My current monthly expenses are around $1k per month including rent and utilities.
Not good offer, try more.
What would be the fair compensation?
It’s fair. Try to get base to 110k. What is education? They give additional for masters and above
12% "target" means you'll never actually get it. I might be wrong though as fabs have been killing it last couple years. Offer is alright, they won't budge much from where they are
This is incorrect. It is 6% company performance and 6% employee performance. You're mostly guaranteed to get full bonus unless your performance is shit. If anything you're far more likely to get over 12%.